Mr David Lammy

Mr David Lammy

Labour — Tottenham

Speaking in the House of Commons on 16 June 2025

Debate

Iran-Israel Conflict

Contribution

I am grateful to the right hon. Member for putting square the economic interests that we have at this time and highlighting why diplomacy is so important against that backdrop. The price of oil has jumped to $78 a barrel, and some are predicting it going up to $125 a barrel—that would certainly be the case if the strait of Hormuz were blocked. That is why this is so delicate. Let us be under no doubt that this affects British people at the pump and that there would be massive inflationary growth if that were to happen.

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